A Monetary Policy Rule for Jamaica

A Monetary Policy Rule for Jamaica
Since 1996, the Bank of Jamaica (BoJ) has sought to limit changes in the exchange rate for the Jamaican dollar in the context of its efforts to maintain low inflation. However, with a persistently high public sector deficit, real interest rates have remained generally high, which partly explains the slow pace of growth. This paper discusses an... READ MORE...

Publication date: March 2005
ISBN 9781451860603
$15.00

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